Posted in | Gold

Luna Gold Reports Encouraging Assay Results from Piaba Gold Deposit

Luna Gold has released the encouraging assay results of 30 further holes from the resource drilling campaign conducted at the Piaba gold deposit in Aurizona.

Piaba Drill Plan Map

The company has intersected 12.40 g/t gold over 6.0 m and 4.04 g/t gold over 23.0 m in the hole BRAZD400, 1.69 g/t gold over 71.0 m in the hole BRAZD390 and 12.40 g/t gold over 1.0 m, 7.30 g/t gold over 2.50 m and 3.54 g/t gold over 18.0 m in the hole BRAZD391.

John Blake, CEO and President of Luna Gold, has stated that the company is focusing on concluding the update of NI 43-101 resource during early December. These fresh drilling results are important. These results have additionally expanded the deposit’s strike length outside the reported limits and are continually showing the growth prospective of Aurizona. The company is excited by the continuous positive drilling results and is expecting additional development potential.

Titus Haggan, Luna Gold's VP Exploration, has commented that these encouraging results lead to the 2011 resource update of Aurizona. Currently, the company has outlined the Piaba deposit over a strike of length 3.3 km that stays exposed at depth and along strike. It has begun drilling at the Boa Esperança near the mine target using one reverse circulation drilling rig and two diamond drilling rigs.

Source: http://www.lunagold.com/

Joel Scanlon

Written by

Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Luna Gold Corp.. (2019, February 18). Luna Gold Reports Encouraging Assay Results from Piaba Gold Deposit. AZoMining. Retrieved on October 22, 2019 from https://www.azomining.com/News.aspx?newsID=5506.

  • MLA

    Luna Gold Corp.. "Luna Gold Reports Encouraging Assay Results from Piaba Gold Deposit". AZoMining. 22 October 2019. <https://www.azomining.com/News.aspx?newsID=5506>.

  • Chicago

    Luna Gold Corp.. "Luna Gold Reports Encouraging Assay Results from Piaba Gold Deposit". AZoMining. https://www.azomining.com/News.aspx?newsID=5506. (accessed October 22, 2019).

  • Harvard

    Luna Gold Corp.. 2019. Luna Gold Reports Encouraging Assay Results from Piaba Gold Deposit. AZoMining, viewed 22 October 2019, https://www.azomining.com/News.aspx?newsID=5506.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit